Individualized cost-effectiveness analysis

[...]randomized trials and other clinical studies typically feed their data into decision and cost-effectiveness models. [...]the granularity of the cost and outcomes per patient may be important to convey, i.e., specifying separately the different outcomes, so that clinicians and patients may be be...

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Bibliographic Details
Published in:PLoS medicine 2011-07, Vol.8 (7), p.e1001058-e1001058
Main Authors: Ioannidis, John P A, Garber, Alan M
Format: Article
Language:English
Subjects:
Analysis
Colds
Cost benefit analysis
Cost-Benefit Analysis - methods
Costs
Decision Making
Health aspects
Health Care Costs
Humans
Immunization
Intervention
Medical care, Cost of
Medicine
Models, Econometric
Population
Social and Behavioral Sciences
Social aspects
Studies
Treatment outcome
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Summary:[...]randomized trials and other clinical studies typically feed their data into decision and cost-effectiveness models. [...]the granularity of the cost and outcomes per patient may be important to convey, i.e., specifying separately the different outcomes, so that clinicians and patients may be better informed and able to make better choices. Erroneous inferences may result from unrealistic modeling of the decision process or unrealistic estimates for the various benefits, harms, and costs. [...]uncertainty in these values [42] or even in risk aversion [43] should not be underestimated.
ISSN:1549-1676
1549-1277
1549-1676
DOI:10.1371/journal.pmed.1001058